News / Cargo piles up as logistics services are hit by Pakistan forex crisis

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Logistics providers serving Pakistan are being forced to curtail services as the country’s cash-strapped economy battles a foreign exchange crisis.

With forex transactions becoming a major challenge, express logistics leader DHL said it was forced to suspend operations in Pakistan from 15 March for locally invoiced imports and restrict handling outbound shipments to a maximum of 70 kg until further notice.

“In recent months, the regulatory authorities have imposed restrictions on outward remittances for foreign companies operating in Pakistan,” DHL Pakistan told ...